015. PIGGISH PLAY - Long Silver ForeverSilver is going to fly and let me tell you why.
Price has been forced down for decades by the collusive tactics of global central banks, COMEX and the institutions able to write futures contracts.
You see, silver is not as transparently symbolic as gold, but it is equally as troublesome for central banks - insofar as it is a very real threat to their fiat monetary system.
For decades, financial institutions would wait until the market was ultra-thin (~1:00 AM ET) and blast it down by writing preposterous quantities of futures contracts .
Some days you'd be sure that the closing action of silver would result in a gap up the following day, only to wake up to an inexplicably shot down 6% open. Confused and annoyed, you'd steer clear of the commodity altogether going forward.
That has been the story for quite some time, but guess what? Now funds of all sorts have started to slowly ease their way into silver (and gold). Just the other day, the Ohio Police Pension allocated 5% of its portfolio to precious metals. While this seems small, it is 1) still billions of dollars and 2) just the very beginning.
The short-term setup depicted above is basically begging people to notice it. That's not a bull flag - it's a bull football. The tangential angles of the football-wedge are such that the only possibility of long-term price movement is up. Supported by record levels of accumulation of the underlying physical seen at the bottom of the chart, the probability of silver doubling in price before year-end is about the same as Patrick Mahomes throwing a touchdown pass on any given Sunday.
While the long-term prospects of Silver price appreciation are nearly absolute, the implications of such appreciation are quite serious from a global financial systemic perspective. The reason is that there is simply not enough silver in circulation to cover a fraction of the paper contracts written over the past decades, should investors start asking for delivery of the physical.
When enough institutional funds like the Ohio Police Pension start accumulating even half of their portfolios into gold & silver, the world will be rudely awakened.
Hence, buy Silver now and watch it fly to the sky.
-Plata Pig
TVC:SILVER
TVC:GOLD
